🚨 Breaking News! The UAE has reshaped the tax landscape for companies owned by UAE foundations, offering the potential for full tax neutrality—if certain conditions are met. This could be a game changer for personal and real estate investments, but the impact depends on how your structures are currently set up and utilised. Stay tuned for our upcoming article, where we break down the key changes, their implications for existing structures, and steps to optimise your setup. #UAECorporateTax #PrivateWealth #Foundations #TaxNeutrality
💡Game-Changing development: Companies owned by UAE foundations (DIFC / ADGM / RAKICC) can now benefit from tax transparency under the new Ministerial Decision No. 261 of 2024—and it’s a game changer for private wealth structuring. Here’s how: If the company: ✅ Invests in personal assets or real estate (not requiring a license). ✅ Avoids conducting business activities (as defined under UAE Corporate Tax Law). …then the company’s income can flow directly to the beneficiaries via the UAE foundation, achieving full tax neutrality. What does this mean for you? Picture owning a real estate portfolio through a UAE foundation, where rental income flows directly to you—no extra tax complications! Imagine an SPV holding your global investments, completely tax-neutral and aligned with your private wealth goals. 🌟 Live Example(s): Ahmed, a UAE-based investor, holds a real estate portfolio via a DIFC foundation. Under this decision, the rental income from these properties can pass directly to him, avoiding corporate tax—tax-efficient and seamless! Sarah, a business owner, has set up an SPV through a RAKICC foundation for her personal investments. This structure now gives her full tax neutrality while preserving her wealth for future generations. This decision is reshaping private wealth planning in the UAE, offering unmatched advantages for high-net-worth individuals and families. 📢 Have questions? Drop a comment or message us to explore how this could work for you. Let’s make your wealth work smarter! 🔗 Share this post with someone who needs to know about this groundbreaking opportunity! #UAECorporateTax #WealthPlanning #Foundations #TaxNeutrality #PrivateWealth #SPV
Account Manager at Enness Global
4moHi Stephanie Good to see a known name pop up from time to time. Good read on the tax. Thank you